Lotte Auto Auction – Korea’s Leading Car Auction Platform
Lotte Auto Auction, operated by Lotte Rental (Lotte Rent-a-Car), is the largest and most trusted used car auction center in Korea. Established in March 2014 in Anseong, Gyeonggi Province, it has become a central hub for used-car distribution, supplying more than 200,000 vehicles annually.
With an impressive average of 50,000 vehicles listed every year and one of the highest successful bid rates in the industry, Lotte Auto Auction continues to redefine transparency, technology, and efficiency in the Korean car trading ecosystem.
The auction is held every Monday, featuring more than 1,500 vehicles for bidding. Address : 63, Saeteo 1-gil, Wongok-myeon, Anseong-si, Gyeonggi-do, Republic of Korea Zip Code : 17556
What Is a Car Auction?
A car auction is a transparent, competitive system where authorized dealers bid on inspected vehicles. The vehicle is sold to the highest bidder, ensuring fair market pricing. Every car is professionally inspected before being listed, and inspection reports are available to all members.
Why Choose Lotte Auto Auction
Korea’s No.1 Auction Facility Lotte Auto Auction features a 20,000-pyeong exhibition area (approx. 66,000 m²) and a 504-seat auction hall capable of handling 1,500 vehicles per session. It maintains top records in vehicle listings and successful transactions.
Reliable Vehicle Supply Backed by Lotte Rent-a-Car’s fleet of over 200,000 vehicles, the auction ensures a stable, continuous flow of used cars from both corporate fleets and private consignments. Real-Time Online Bidding Dealers can participate through desktop software or mobile apps, thanks to a synchronized on/offline auction system that provides convenience and accessibility anywhere, anytime.
Certified Vehicle Inspection Every car undergoes a detailed inspection by certified experts using smart mobile tools. Members can trust accurate condition reports and 360° vehicle imagery before placing bids. Advanced 4-Lane System & 360° Imaging In 2018, Lotte Auto Auction became the first in Korea to adopt a 4-lane auction system, reducing processing time. Each vehicle is photographed from 27 different 360° angles to ensure transparency.
Membership Registration Guide
Membership is open exclusively to:
Registered used-car dealers in Korea
Certified automobile export companies
Deposit: KRW 3,000,000
Annual Fee: KRW 250,000 or KRW 1,000,000
Payment Details:
Woori Bank 1005-701-019634
Account Holder: Lotte Rental Co., Ltd.
Required Documents
| Business Type | Required Documents |
|---|---|
| Individual Business | Application Form, Seal Certificate, Photo, Business License Copy, Vehicle Trade License |
| Corporate Business | Application Form, Corporate Seal Certificate, Photo, Business License, Vehicle Trade License, Corporate Registration Copy |
Main Contact Information
| Department | Phone |
|---|---|
| Main Line | 1899-4751 |
| Vehicle Listing | 031-650-2543 |
| Claims | 031-650-2540 |
| Membership | 031-650-2521 |
| After-Sales | 031-650-2545 |
| IT Support | 031-650-2527 |
| Transport | 031-650-2548 |
| Post-Auction | 031-650-2529 |
| Fax | 031-692-1876 / 02-6234-4326 |
FAQ – Lotte Auto Auction Membership
Q1. Who can join Lotte Auto Auction?
Only businesses officially registered as used-car dealers or car exporters in Korea are eligible for membership.
Q2. How much is the deposit and annual fee?
The deposit is KRW 3,000,000, and the annual fee is KRW 250,000 or KRW 1,000,000, depending on membership type.
Q3. Can I participate online from outside Korea?
Currently, only registered Korean businesses can participate directly. However, overseas buyers can work with authorized export agents for bidding and shipment.
Q4. How can I contact the membership team?
Call 031-650-2521 during business hours or reach out through the official Lotte Auto Auction website for inquiries.
Conclusion
Lotte Auto Auction continues to lead the way in Korea’s vehicle auction industry by combining trust, transparency, and technology. With stable vehicle supply, fair pricing, and global accessibility, it remains the preferred choice for dealers and exporters looking to buy high-quality Korean used cars.
Several large-scale automobile auction companies compete with Lotte Auto Auction in South Korea, including AUTOBELL, AUTOHUB, KCAR, and HEYDEALER. Each of these major auction platforms operates on different auction days, ensuring that schedules do not overlap.
As a result, most automobile export companies and dealers participate in daily auctions across multiple platforms, purchasing vehicles from a different auction company each day.
This system allows exporters to maintain a steady vehicle supply, improve price competitiveness, and maximize purchasing opportunities throughout the week.
